Wilbarger County Real Estate and Livability Trends
Wilbarger County, Texas, exhibits a dynamic real estate landscape with median home values rising from $69,200 in 2015 to $82,300 in 2022, notably lower than the state median, potentially appealing to cost-conscious buyers. The local economy appears robust, indicated by the increase in average taxable income from $43,653.62 in 2013 to $58,078.60 in 2021. Real estate taxes have also climbed,... Read more
Wilbarger County Market Trends
Wilbarger County, Texas shows promising potential for affordable real estate investments with median home values rising from $69,200 in 2015 to $82,300 in 2022, significantly lower than the Texas state median. Residential energy tax credits have varied widely, peaking at $800 in 2017 and 2021, indicating strong incentives for energy efficiency. Real estate taxes climbed from $2,817.65 in 2012 to... Read more
Median Value of Occupied Housing Units in Wilbarger County, Texas Over the Last 8 Years
If you're considering investing in or moving to Wilbarger County, Texas, you might find it interesting that median home values have seen fluctuations but overall growth over the past eight years—from $69,200 in 2015 to $82,300 in 2022. While this is significantly lower compared to the Texas state median, which jumped from $136,000 to $238,000 in the same period, Wilbarger County could present more affordable real estate opportunities. National trends also indicate a steeper rise, with the U.S. median home value escalating from $125,500 in 2015 to $179,400 in 2022, making Wilbarger County a potential hotspot for buyers seeking lower price points.
Residential Energy Tax Credit Per Tax Return in Wilbarger County, TX Over the Last 8 Years
Wilbarger County, Texas has seen notable fluctuations in residential energy tax credits per tax return over the past eight years, spanning from $225.00 to high points of $800.00 in both 2017 and 2021. This variability hints at how incentives for energy-efficient home improvements can significantly impact the local economy, potentially attracting investors and homeowners aiming to capitalize on these credits. Such trends could be of particular interest to real estate agents and property developers crafting their investment strategies.
Average Real Estate Taxes Per Tax Return in Wilbarger County, TX Over the Last 10 Years
Real estate taxes in Wilbarger County, Texas have seen a general upward trend over the past decade, starting from roughly $2,817.65 in 2012 and peaking around $4,472.73 in 2021. Notably, there was a significant increase between 2018 and 2019, moving from $3,826.67 to approximately $4,230.77. This indicates potential rising property values or tax rates, which could influence decisions for investors, prospective residents, or real estate agents. These fluctuations are crucial for appraisers and insurance agents to consider when evaluating property and assessing risk.
Percentage of Farm Returns in Wilbarger County, TX Over the Last 10 Years
Over the past decade in Wilbarger County, Texas, the percentage of farm returns has fluctuated, with a high of 7.60% in 2012 and a low of 6.28% in 2020. Farm tax returns often serve as a barometer for the agricultural sector's health in the region, indicating either growth or strain within farming activities. Investors, property developers, or new residents might find this data useful to gauge the stability and potential of agricultural investments in the area, as well as its impact on the local economy.
Number of Mortgages by Occupancy Type in Wilbarger County, TX Over the Last 5 Years in Wilbarger County
Mortgage activity in Wilbarger County, Texas reveals a notable trend in the distribution of occupancy types over the past five years. Principal residences consistently dominate mortgage counts, with numbers mostly steady and peaking at 262 in 2018. Investment properties, however, show a drop from 49 in 2020 to just 12 in 2022, while second residences appear negligible throughout. Shifts in mortgage type distribution can impact investors eyeing rental opportunities and homeowners gauging neighborhood stability. Real estate agents and appraisers might find fewer investment properties suggest a market with potentially fewer renters and a stable, more owner-occupied demographic. Insurance agents could infer different risk profiles for property coverage based on occupancy trends.
Economic Outlook
In Wilbarger County, Texas, average taxable income per tax return has trended upwards from $43,653.62 in 2013 to $58,078.60 in 2021, hinting at a strengthening local economy. Average state and local income taxes have varied, peaking at $3,800.00 in 2013 and dipping to $2,540.00 in 2017, which may point to changes in local economic conditions and taxpayer burden. The average total tax liability also shows variability, with a significant spike in 2018 to $12,279.83, suggesting an unpredictable... Read more
Average Taxable Income per Tax Return in Wilbarger County, TX over the last 9 years
Wilbarger County, Texas has seen a general upward trend in average taxable income per tax return over the past nine years, with figures increasing from around $43,653.62 in 2013 to approximately $58,078.60 in 2021. This growth suggests a potentially strengthening local economy, which could be appealing for investors, real estate agents, and those looking to move to the area. Increasing taxable income might also influence property valuations, making it a crucial consideration for appraisers and insurance agents.
Average State and Local Income Taxes Per Tax Return in Wilbarger County, TX Over the Last 6 Years
Average state and local income taxes per tax return in Wilbarger County, Texas have fluctuated over the last six years, peaking around $3,800.00 in 2013 and dipping to approximately $2,540.00 in 2017. This variability can be crucial for prospective investors, real estate agents, and those considering moving to the area, as it may signal shifts in local economic conditions and taxpayer burden. Understanding these trends can help gauge potential financial planning needs and long-term investments.
Average Total Tax Liability Per Tax Return in Wilbarger County, TX Over the Last 10 Years
Wilbarger County, Texas has exhibited fluctuating average total tax liabilities over the past decade with a notable spike in 2018, where the average liability shot up to $12,279.83. This variability can be intriguing for potential investors and real estate agents as it may indicate periods of economic growth or policy changes impacting tax obligations. Additionally, understanding these trends could be valuable for appraisers and insurance agents in assessing economic stability and potential risk for property in the area. The general tax liability pattern suggests a somewhat unpredictable financial environment, which stakeholders should consider in their planning and forecasting.
Cost of Living in Wilbarger County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,020 | $1,331 | $2,285 | $1,109 | $823 |
| 1 adult 4 children | $1,020 | $1,087 | $1,751 | $1,109 | $878 |
| 2 adults 3 children | $1,020 | $1,087 | $1,980 | $1,109 | $643 |
| 1 adult 3 children | $1,020 | $888 | $1,447 | $1,109 | $632 |
| 2 adults 2 children | $838 | $890 | $1,676 | $968 | $582 |
| 1 adult 2 children | $838 | $665 | $1,142 | $968 | $505 |
| 2 adults 1 child | $838 | $704 | $1,372 | $510 | $574 |
| 1 adult 1 child | $838 | $454 | $838 | $510 | $460 |
| 2 adults | $637 | $565 | $1,067 | $0 | $503 |
| 1 adult | $632 | $308 | $534 | $0 | $436 |
Safety trends & Data
Property crime in Wilbarger County, Texas, over the last five years shows notable trends in various offenses. Burglary incidents peaked at 22.0 in 2018 but dropped to just 9.0 cases in 2022, and larceny-theft saw a steep decline from 65.0 in 2018 to only 7.0 in 2022. Vandalism remained relatively stable with a slight increase in 2020, while motor vehicle theft occurrences stayed low but constant. Forgery, counterfeiting, and fraud showed no significant changes, suggesting a steady rate of these... Read more
Property Crime Trends in Wilbarger County, TX Over the Last 5 Years
Property crime in Wilbarger County, Texas, over the last five years shows fluctuating trends in various offenses. Notably, burglary incidents peaked at 22.0 in 2018 but dropped significantly in the following years, with just 9.0 cases in 2022. Larceny-theft demonstrated a dramatic decline from 65.0 incidents in 2018 to only 7.0 in 2022. Vandalism remained relatively stable with a slight increase in 2020, while motor vehicle theft occurrences stayed low but constant. Forgery and counterfeiting as well as fraud showed no significant upsurge or downtrend, indicating a steady rate of these crimes. Such data may influence risk assessments for insurance and investment decisions in the area.
Demographics
Wilbarger County, Texas, shows a near-balanced gender split in its adult population, leaning slightly towards females. Educational attainment varies, but a notable chunk of the population has a high school diploma or some level of college education. The age distribution suggests a relatively even spread across different age groups, with a significant portion of the populace in their mid-life stages. The racial makeup is predominantly White, with the Black or African American community being the... Read more
Race Distribution in Wilbarger County, Texas (2022)
Educational Attainment in Wilbarger County, Texas (2022)
Age Distribution in Wilbarger County, Texas
Citizen Population in Wilbarger County, Texas (2022)
Political Trends & Data
In Wilbarger County, Texas, the 2020 U.S. Presidential Election data illustrates a pronounced Republican lean, with Democrats capturing just over 21% of the vote. This suggests the county's substantial preference for conservative policies, as reflected by the minimal impact from Libertarian and Green parties. The political climate here may influence local real estate trends, with potential implications for investors seeking regions with predictable regulatory... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Wilbarger County, Texas, the 2020 U.S. Presidential Election data shows a strong Republican leaning, with the GOP capturing a significant majority of the votes. Democrats lagged considerably behind at a little over 21%, suggesting a deep red political climate. Libertarian and Green parties barely made a dent, reflecting minimal third-party influence in this region. This trend highlights the county's likely preference for conservative policies and candidates.
77.90% of voters voted for the Republican party in the 2020 Presidential Election
21.13% of voters voted for the Democrat party in the 2020 Presidential Election
0.73% of voters voted for the Livertarian party in the 2020 Presidential Election
0.24% of voters voted for the Green party in the 2020 Presidential Election
School Data
Wilbarger County, Texas has consistently maintained a student-to-teacher ratio below the national average, dipping to about 11.0 in 2021 from a high of 13.6 in 2015. This trend might indicate a focus on personalized education, making the area more attractive to families prioritizing schooling. For real estate stakeholders, this could suggest stable or improving education quality, which potentially enhances property values and market desirability. A consistent or improving ratio may also reflect... Read more
Student-to-teacher ratio in Wilbarger County, Texas over the last 10 years
Wilbarger County, Texas has generally maintained a student-to-teacher ratio below the national average of 14 students per teacher over the last decade, with slight fluctuations. From a high of around 13.6 in 2015, it reached its lowest at approximately 11.0 in 2021. This lower ratio might suggest more personalized attention in classrooms, potentially making it more attractive to families prioritizing education. For investors, appraisers, and real estate agents, this could indicate a stable or improving education quality, which can positively affect property values and desirability. An area with a consistent or improving student-to-teacher ratio may also reflect well on community support for education, making it a potentially appealing market for new developments or relocations.
